Oregon Code § 470.500·Enacted ·Last updated March 01, 2026
Statute Text
Goals.
(1) The Director of the State
Department of Energy shall administer the energy efficiency and sustainable
technology loan program for the purpose of providing financing, promotion and
technical support to encourage significant investments in energy efficiency,
renewable energy and energy conservation.
(2) The goals of
the loan program are to:
(a) Provide
capital at the lowest possible cost for the purpose of supporting energy
efficiency and conservation and renewable energy projects for residential and
commercial structures;
(b) Expand, and
to simplify taking advantage of, opportunities for small scale local energy
project financing;
(c) Leverage
multiple sources of public and private capital through a unified and strategic
funding mechanism;
(d) Provide
technical and financing information to the public and to businesses;
(e) Foster energy
savings;
(f) Stimulate job
growth; and
(g) Help
substantially reduce carbon emissions. [2009 c.753 §2]
Plain English Explanation
This Oregon statute addresses Goals. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 470.500
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Goals. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 470.500. Use this format in legal documents and court filings.
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